Group 1 - The core point of the article is that Huasheng Co. is planning to acquire 100% of Shenzhen Yixin Technology Co., which will become a controlling subsidiary, marking a strategic shift from traditional manufacturing to digital infrastructure services [1][3] - On June 23, Huasheng Co. announced the plan to issue shares and pay cash for the acquisition, while also raising matching funds from its controlling shareholder, Hunan Xingxiang Investment Holding Group [3] - The transaction is expected to constitute a major asset restructuring and related party transaction, with the company having been suspended from trading since June 10 and resuming on June 24 [3] Group 2 - Yixin Technology specializes in the AIDC field, focusing on the full lifecycle services of green computing infrastructure, including planning, design, construction, operation management, and energy-saving system product development [3] - The projected net profits for Huasheng Co. from 2022 to 2024 are -208 million, 21.02 million, and -49.36 million respectively, while Yixin Technology's net profits for 2023 and 2024 are expected to be 15.24 million and 27.36 million respectively [3]

Core Viewpoint - The company is issuing A-shares to specific investors, which may dilute immediate returns, and has outlined measures to compensate for this dilution [1][5][6] Financial Impact Analysis - The issuance will increase the total share capital from 44,048.80 million shares to 57,263.44 million shares [3] - Projected net profit for 2024 is estimated at -87.14 million yuan, with three scenarios for 2025's net profit: maintaining the same level, reducing losses by 20%, or increasing losses by 20% [2][4] - Basic and diluted earnings per share (EPS) are projected to decrease under all scenarios, with the worst-case scenario showing a basic EPS of -0.2374 yuan [4][6] Necessity and Reasonableness of the Issuance - The funds raised will be invested in projects that enhance the company's core competitiveness and sustainable development [6][7] - The company has over 20 years of experience in digital infrastructure, providing a comprehensive service ecosystem [7][8] Relationship of Fundraising Projects to Existing Business - The fundraising projects align with the company's existing business and national industrial policies, focusing on upgrading capacity in the data center infrastructure sector [7][8] - The company has a strong talent pool and technical reserves to support the implementation of these projects [8][12] Measures to Mitigate Dilution of Immediate Returns - The company plans to accelerate the implementation of fundraising projects and enhance management of the raised funds to ensure effective use [15][16] - A commitment to improve core business and profitability through technology development and customer relationships is outlined [16][17] - The company will enhance governance structures to protect shareholder rights and ensure compliance with regulations [17][18]